Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

UK Regulator Updates Tax Rules on DeFi Lending, Staking

UK Regulator Updates Tax Rules on DeFi Lending, Staking
UK Regulator Updates Tax Rules on DeFi Lending, Staking
February 04, 2022  |  Cryptocurrency

The United Kingdom’s tax agency has updated its rules on how to tax revenue from decentralized finance (DeFi) lending and staking in proof-of-stake networks, the...

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Today in Crypto: Russian Finance Minister Eyes Legalizing Crypto Trading Through Banks; TurboTax to Allow Refunds in Crypto
Today in Crypto: Russian Finance Minister Eyes Legalizing Crypto Trading Through Banks; TurboTax to Allow...
February 03, 2022  |  Cryptocurrency

During January’s intense cryptocurrency selloff, volumes also fell, which is an ill omen for exchanges trading the digital currencies, Bloomberg reported Thursday (Feb. 3). Get...

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London FinTech Fiat Republic Nets $3.5M in Funding
London FinTech Fiat Republic Nets $3.5M in Funding
February 03, 2022  |  Investments

Fiat Republic, a startup that helps cryptocurrency platforms build tools to process fiat currencies from financial institutions, has closed on $3.5 million in seed funding,...

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PYMNTS Crime Series: Another Day, Another Nine-Figure Crypto Hack
PYMNTS Crime Series: Another Day, Another Nine-Figure Crypto Hack
February 03, 2022  |  Cybersecurity

Welcome to PYMNTS’ series on crypto crime. In it, we’ll be looking at the crimes that have not only been committed in the cryptocurrency industry...

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Bitcoin Well CFO on the Business Case for Crypto
Bitcoin Well CFO on the Business Case for Crypto
February 03, 2022  |  B2B Payments

Bitcoin provides a means to financial independence and is going to be around a long time, says Allen D. Stephen, finance chief at Bitcoin Well,...

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Hackers Hit Wormhole DeFi Project, Take $320M
Hackers Hit Wormhole DeFi Project, Take $320M
February 02, 2022  |  Cybersecurity

Wormhole, a communication bridge between Solana and other decentralized finance (DeFi) blockchain networks, was hacked to the tune of about $320 million in cryptocurrency, according...

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Today in Crypto: Colombia Cracks Down on Crypto Tax Evasion; Grayscale Investments Aiming to Be ‘World-Class ETF Issuer’
Today in Crypto: Colombia Cracks Down on Crypto Tax Evasion; Grayscale Investments Aiming to Be...
February 02, 2022  |  Cryptocurrency

FTX has acquired Japanese cryptocurrency exchange Liquid Group in a move to help Japanese customers through its new subsidiary, according to a CoinDesk report Wednesday...

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SEC Commissioner Peirce Says Proposed Rule on Exchanges Could Hurt Digital Currency
SEC Commissioner Peirce Says Proposed Rule on Exchanges Could Hurt Digital Currency
February 02, 2022  |  Cryptocurrency

Hester Peirce, the crypto-friendly commissioner on the U.S. Securities and Exchange Commission (SEC), is warning that a proposal from the agency would not only add...

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